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What are some alternative ways to get bitcoin, litecoin, or ethereum without using Coinbase?

avatarChiara RubčićDec 16, 2021 · 3 years ago3 answers

Can you suggest some alternative methods to acquire bitcoin, litecoin, or ethereum without relying on Coinbase? I am looking for options that offer different features or advantages compared to Coinbase.

What are some alternative ways to get bitcoin, litecoin, or ethereum without using Coinbase?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One alternative way to get bitcoin, litecoin, or ethereum without using Coinbase is through peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing you to negotiate the price and terms of the trade. Examples of P2P trading platforms include LocalBitcoins, Paxful, and Bisq. Just be cautious and ensure you are dealing with reputable traders to avoid scams.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more convenient option, you can try using cryptocurrency ATMs. These machines allow you to buy bitcoin, litecoin, or ethereum using cash or debit/credit cards. Simply locate a cryptocurrency ATM near you, follow the instructions on the screen, and complete the transaction. Keep in mind that cryptocurrency ATMs may charge higher fees compared to other methods.
  • avatarDec 16, 2021 · 3 years ago
    Another option is to use BYDFi, a decentralized exchange that offers a wide range of cryptocurrencies, including bitcoin, litecoin, and ethereum. BYDFi allows you to trade directly from your wallet without the need for a centralized exchange like Coinbase. It provides a secure and transparent trading environment, ensuring the privacy and control of your funds. Give it a try and experience the benefits of decentralized trading!